On Jun. 27, IND FBIL said it will publish SORR benchmark rate.
IND FBIL said it will publish its secured overnight rupee rate (SORR) benchmark rate from Jul. 7, 2025, to be computed from actual traded data in the TREP market.
Plus, basket repo trades of the market repo segment for trading from 9am to 12pm.
Benchmark rate will be published by 12:45pm; this is available free until Sep. 30, 2025.
From Oct. 1, 2025, however, the benchmark will be provided on a subscription basis.
Follows IND FBIL Feb. 2025 proposed changes in methodology for rates, see #242440.
Regulators
IND FBIL
Entity Types
B/D; Bank; Inv Co
Reference
PR 5/2025-26, 6/27/2025
Functions
Actuarial and Valuation; Financial; Operations; Product Administration; Risk; Treasury
